Protective Life Corporation - Company Profile
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Protective Life Corporation (Protective Life), a subsidiary of Dai-ichi Life Insurance Company, Limited, is a financial services holding company. The company, through its subsidiaries, is focused on the development, distribution, and administration of insurance and investment products. Protective Life markets universal life insurance, variable universal life insurance, bank-owned life insurance, and level premium term insurance products. The company also markets fixed and variable annuity products, and fixed and floating rate funding agreements. It focuses on the acquisition, conversion, and servicing of life insurance policies and annuity products sold to individuals. Furthermore, it sells extended service contracts, and credit life and disability insurance products. Protective Life is headquartered in Birmingham, Alabama, the US.
Headquarters
United States of America
Address
2801 Highway 280 South, Birmingham, Alabama, 35223
Website
www.protective.com/
Telephone
1 2052683596
No of Employees
3,700
Industry
Financial Services
Revenue (2021)
$601,100
Protective Life Corporation premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Life Marketing | Claim Management Services |
| Traditional Life Insurance | |
| Universal Life Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In October, the company launched new vehicle protection plan, GoodCare, to support drivers from unforeseen auto repairs, in Birmingham. |
| 2022 | New Products/Services | In July, the company announced the launch of its Protective Aspirations Variable Annuity product. |
| 2022 | Contracts/Agreements | In June, the company launched of a new goals-based income planning program in collaboration with Michael Finke and Frank M. Engle. |
Competitor Comparison
| Key Parameters | Protective Life Corporation | Principal Financial Group Inc | Globe Life Inc | Mutual of Omaha Insurance Company | StanCorp Financial Group, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Birmingham | Des Moines | Mckinney | Omaha | Portland |
| State/Province | Alabama | Iowa | Texas | Nebraska | Oregon |
| No. of Employees | 3,700 | 19,800 | 3,636 | - | 2,767 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard J. Bielen | Chief Executive Officer; Director; President | Executive Board | 2017 | - |
| Paul Wells | Executive Vice President; Chief Financial Officer | Senior Management | 2022 | - |
| Cissy Williams | Executive Vice President; Chief Operating Officer | Senior Management | 2022 | - |
| Matthew Kohler | Senior Vice President; Chief Technology Officer | Senior Management | - | - |
| Doyle Williams | Chief Marketing Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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